EPÍLOGO A LA INTRODUCCIÓN

Investor profile Growth-oriented

Currency of sub-fund EUR

Sub-fund manager Deutsche Asset Management Investment GmbH

Performance benchmark –

Reference portfolio (risk benchmark) MSCI AC World Index (55%), JP Morgan EMBI Global Diversified Composite hedged in EUR (20%), Barclays US

High Yield 2% Issuer Cap Index hedged in EUR (15%) and JP Morgan GBI EM Global Composite (10%)

Leverage effect 5 times the value of the investment sub-fund’s assets

Calculation of the NAV per share Each bank business day in Luxembourg

Order acceptance All subscription, redemption and exchange orders are placed on the basis of an unknown net asset value per share. Orders received by the Transfer Agent at or before 4:00 PM Luxembourg time (CET) on a valuation date are processed on the basis of the net asset value per share on that valuation date. Orders received after 4:00 PM

Luxembourg time (CET) are processed on the basis of the net asset value per share on the next valuation date. Value date In a purchase, the equivalent value is debited three bank business days after issue of the shares. The equivalent

value is credited three bank business days after redemption of the shares. The value date for purchase and re- demption orders of certain currencies may deviate by one day from the value date as specified in the description of share classes in the general section of the Sales Prospectus.

Fractional shares Up to three places after the decimal point

Expense cap Not to exceed 15% of the Management Company fee

* For additional costs, see Article 12 in the general section of the Sales Prospectus.

** 1% based on the gross investment corresponds approx. to 1.01% based on the net investment. *** 4% based on the gross investment corresponds approx. to 4.17% based on the net investment.

**** The Management Company may, at its discretion, partially or completely dispense with the dilution adjustment.

Share class Currency of Front-end load Management Service Fee p.a. Taxe d’abonnement Launch date share class (payable by the investor) Company Fee p.a. (payable by the sub-fund)* (payable by the sub-fund)

(payable by the sub-fund)*

LD EUR up to 4%*** up to 1.2% 0% 0.05% June 4, 2014 ND EUR up to 1%** up to 1.4% 0.1% 0.05% June 4, 2014 LC EUR up to 4%*** up to 1.2% 0% 0.05% March 16, 2015 NC EUR up to 1%** up to 1.4% 0.1% 0.05% March 16, 2015 FC EUR 0% up to 0.6% 0% 0.05% March 16, 2015 PFD EUR 0% up to 0.8% 0% 0.05% January 19, 2016

For the sub-fund with the name Deutsche Invest I Multi Asset Income, the following provisions shall apply in addition to the terms contained in the general section of the Sales Prospectus.

Investment policy

The objective of the investment policy of the sub- fund Deutsche Invest I Multi Asset Income is to achieve a positive mid- to long-term investment performance taking in account the opportunities and risks of the international capital markets.

The sub-fund generally has an investment focus on income-oriented assets such as interest-bear- ing securities and equities that are expected to deliver an above-average dividend yield.

The sub-fund may invest in interest-bearing secu- rities, in equities, in certificates on, for example, equities, bonds, indices, commodities and pre- cious metals, in convertible bonds, in warrant- linked bonds whose underlying warrants relate to securities, in equity warrants, in participation and dividend-right certificates, in investment funds, such as equity, bond and money market funds, in investment funds that reflect the performance of an index, in derivatives as well as in money market instruments, deposits and cash.

Up to 100% of the sub-fund’s assets will be invested in interest-bearing securities, convert- ible bonds, bond funds, certificates on bonds or bond indices and warrant-linked bonds.

Up to 65% of the sub-fund’s assets will be invested in equities, equity funds, certificates on equities or equity indices and equity warrants.

The sub-fund’s investments in asset-backed securities and mortgage backed securities shall be limited to 20% of the sub-fund’s net asset value.

Up to 10% of the sub-fund’s assets may be invested in investment funds.

Up to 10% of the sub-fund’s assets may be invested in certificates on commodities, com- modities indices, precious metals and precious metals indices, as well as in funds. According Article 2 A. (j), investment in the certificates listed here is only permitted if they are 1:1 certificates qualifying as transferable securities. When using financial indices, legal provisions apply as set out in Article 44 (1) of the Law of 2010, and Article 9 of the Grand-Ducal Regulation of February 8, 2008.

In compliance with the investment limits speci- fied in Article 2 B. of the general section of the Sales Prospectus, the investment policy may also be implemented through the use of suitable derivative financial instruments. These deriva- tive financial instruments may include, among others, options, forwards, futures, futures con- tracts on financial instruments and options on such contracts, as well as privately negotiated OTC contracts on any type of financial instru- ment, including swaps, forward-starting swaps, inflation swaps, swaptions, constant maturity swaps and credit default swaps.

The sub-fund’s investments in contingent con- vertibles shall be limited to 10% of the sub- fund’s net asset value.

In addition the sub-fund’s assets may be invested in all other permissible assets as specified in Article 2 of the general section of the Sales Prospectus.

German Taxation

Taxation bases to be calculated in accordance with article 5 (1) of the German Investment Tax Act (Investmentsteuergesetz) are not determined for the PFD share class. For investors who are Due to its composition and the techniques applied by its fund management, the sub-fund is subject to markedly increased volatility, which means that the price per share may be subject to substantial downward or upward fluctuation, even within short periods of time.

Dilution adjustment PFD:

(payable by the shareholder)**** A dilution adjustment of up to 3% based on the gross redemption amount may be charged. Please see the general section for further explanation.

Placement fee PFD:

without limitation subject to taxation in Germany, the regulations of so-called non-transparent taxa- tion are therefore applicable (see Summary of tax regulations of importance to the investor). Due to potentially undesirable consequences of non- transparent taxation, the above-mentioned share class is in principle neither intended nor suitable for investors who are without limitation subject to taxation in Germany.

Risk Management

The relative Value-at-Risk (VaR) approach is used to limit market risk for the sub-fund assets.

In addition to the provisions of the general sec- tion of the Sales Prospectus, the potential market risk of the sub-fund is measured using a refer- ence portfolio that does not contain derivatives (“risk benchmark”).

Contrary to the provision of the general section of the Sales Prospectus, because of the investment strategy of the sub-fund it is expected that the leverage effect from the use of derivatives will not be any higher than five times the sub-fund assets. The leverage effect is calculated using the sum of notional approach (absolute (notional) amount of each derivative position divided by the net present value of the portfolio). The disclosed expected level of leverage is not intended to be an additional exposure limit for the sub-fund.

Investment in shares of target funds

In addition to the information in the general section of the Sales Prospectus the following is applicable to this sub-fund:

When investing in target funds associated to the sub-fund, the part of the management fee attrib- utable to shares of these target funds is reduced by the management fee/all-in fee of the acquired target funds, and as the case may be, up to the full amount (difference method).